The National Competition Commission has just issued a warning about illegal multi-level marketing activities related to RF3WORLD.

According to the National Competition Commission, a recent review found that a number of individuals and organizations promoting investment, commodity trading and commodity trading showed signs of doing multi-level deals. There is no legal certificate RF3WORLD in Vietnam through websites like: www.Rf3worldvietnam.com, www.Rf3vietnam.com or www.Firmax3vn.com.vn.

As mentioned earlier, there is evidence that affiliates also organize online programs to introduce and invite other members to further develop the system and enjoy commissions and economic benefits. multilevel model.

So far, however, the National Competition Commission has not issued the above companies and organizations with the name RF3WORLD a certificate of registration of multi-level sales activities under the provisions of Decree 40/2018/ND-CP of March 12, 2018 of the Government on the management of business activities according to the Multi-level method (modified and supplemented by a number of articles in Decree No. 18/2023/ND-CP of April 28, 2023).

The National Competition Commission stated that organizations and individuals conducting business in the multi-level procedure without obtaining a certificate of registration of multi-level sales activities can be prosecuted with a fine of up to VND 5 billion or more . 5 years imprisonment (§ 217a StGB 2015 in the 2017 version).

Therefore, the National Competition Commission warns against engaging in activities where the above signs of illegal multi-level marketing are present in order to minimize risks, material damages and legal damages.

It is known that in 2023, the National Competition Commission will carry out strict control of multi-level business activities. Accordingly, this unit will conduct special inspections and audits for six multi-level business enterprises.

Accordingly, the Commission will inspect two companies, namely Vietnam Links Group Joint Stock Company (Vinalink), Headquarters Address: Lot C16/D21 Cau Giay New Town Area, Dich Vong Hau Street, Dich Vong Hau District, Cau Giay District, City. Hanoi. And Oriflame Vietnam Co., Ltd. Head office address: No. 100-102 Nguyen Van Troi, District 8, Phu Nhuan District, City. Ho Chi Minh

At the same time, four other companies were inspected, including: Seacret Co., Ltd., Headquarters Address: 4th Floor, Building No. 227B, Cach Mang Thang Tam, District 12, District 10, Ho Chi Minh City. Ho Chi Minh; Total Swiss Vietnam Co., Ltd. Head office address: No. 89, Xuan Hong Street, Ward 12, Tan Binh District, City. Ho Chi Minh; Kyowon The Orm Vietnam Co., Ltd. Head office address: No. 38/1 Nguyen Van Troi, Ward 15, Phu Nhuan District, City. Ho Chi Minh; Gcoop Vietnam Co., Ltd. Headquarters Address: B17-17 Vinhomes Gardenia, Cau Dien Ward, Nam Tu Liem District, City. Hanoi.

The National Competition Commission recommends that in case of information or problems related to the multi-stage sales activities of the above companies, people are asked to provide them to the National Competition Commission for consideration and clarification in the inspection and audit.

According to the National Competition Commission, there are currently 20 legal multi-level sales companies across the country. In 2022, there were two companies that ceased their multi-level marketing operations in Vietnam, namely Siberian Health International Co., Ltd and Homeway Vietnam Co., Ltd.

These two companies were de-registered by the National Competition Commission because they found serious violations of the Multi-Level Marketing Act.